Old house in need of repair, far away from everything.
In the middle of nowhere. No jobs. Long Winters. 17c is a very hot day.
Also I’m a bit unsure about internet access. Maybe someone else know if it’s good or not?
Location, location and location.
The house is small, old, in poor shape, and in a location where very few people want to live.
It’s not a house but a farm. You are required to farm the land, or rent the land out to someone else to farm it.
Currently the land is being rented out to a neighboring farm (but not under contract) according to the sales information.
Besides that, it’s an old house. There is little insulation, the windows need to be replaced, the doors need to be replaced, drainage needs to be fixed, there is moisture in the basement, the electrical systems need to be inspected and possibly replaced. This is all written in the documentation.
The secondary buildings on the property are old and in need of replacement.
There is compulsory residence in the area, so you cannot use it as a vacation home.
It’s relatively far away from cities, with Tromsø for example being a 3 hour drive away.
A lot of continentals and central europeans might not realise just how large norway is, in span, and how far away this house is from pretty much everyone. You gotta drive everywhere, and you’re entirely reliant on your car. That’s usually not the case for most of Norway, even the more remote parts.
If you want to go somewhere other than in your immediate vicinity (which you might want to if you wanna go to concerts, visit people, do something fun), you usually have to go on a plane, get a hotel, and spend a lot more than the equivalent southerner doing the same trip. And planes from the north of norway to the south are very expensive. There are very few main hubs; even the larger towns in this area feel relatively isolated compared to the south of norway, and also you get no sun half the year.
The view is nice, but there are nice views all along the west coast, and they don’t need to come at the expense of being so remote. I’m sure it’s nice if you’re into that sort of stuff, but for most of the people in the housing market, this sort of location is not very desirable.
In the middle of bumfuck nowhere
I mean everyone explained why this is an outlier, but in general the prices in UK are ridicously high, compared to most of Europe.
Coastal erosion too
I’ve heard that some of these old houses are insulated with asbestos. Makes the renovation even more expensive.
1. it’s because it’s in the Arctic and too far inland from Lofoten to take advantage of the milder temps. That area’s weather (which I personally know) is much closer to Torneträsk (the coldest region of Sweden just down the E10) than it is to the milder temps of Lofoten.
Those saying it’s in the middle of nowhere don’t know that region. That area from Narvik to the Lyngsalpan to Tromso is very developed. Population density isn’t crazy high, but you’ll not be able to go too far without crossing homes and such.
Having no trees it will be battered by winds constantly. The description says it’s a farming area. Pluses is that it’s not far off from Narvik and Bardu and other places for shopping. Minuses is that there’s nothing around it, though the nature is wonderful. It’s simply a shock for many people who think they can live their vacation lives there and then get bored after a couple months. The structures obviously need work and the property needs to be maintained and likely if you want to do anything with it you’ll have neighbors all up in your shit to prevent it. You’ll also have to farm it which is not a life people want.
In terms of economics, cultural activity and employment opportunities it is in the equivalent of a deprived Welsh Valley. There are localtions in Northern Norway that are considerably more remote, but you are still 1-3 hours away from towns or international airports.
Also, in addition to what people are saying elsewhere on the thread, it is a house from 1938 and very poorly isolated by todays standards.
Its not cheap for what it is.
I wouldnt pay a 1/4 of that
Why do people keep posting teardown houses in the middle of nowhere asking why they are so cheap.
It’s a stones throw from the god damn north pole
It’s old, in the far end of the sticks where it’s cold and dark…
Given everything, I’m kinda surprised it costs as much as it does.
It’s really far north! Killer winter where you can be cut off severely for periods. Really expensive to fly south to get connection flights to Europe. Flights weather dependent, boats weather dependent. Then some one else pointed out its 200 acres that has to be farmed actively by law.
It will cost you probably around 1.000.000NOK (at least) to get it up to modern standards, and you will never get that money back if you sell it.
The pictures was taken on the day they call “Summer”.
20 comments
Old house in need of repair, far away from everything.
In the middle of nowhere. No jobs. Long Winters. 17c is a very hot day.
Also I’m a bit unsure about internet access. Maybe someone else know if it’s good or not?
Location, location and location.
The house is small, old, in poor shape, and in a location where very few people want to live.
It’s not a house but a farm. You are required to farm the land, or rent the land out to someone else to farm it.
Currently the land is being rented out to a neighboring farm (but not under contract) according to the sales information.
Besides that, it’s an old house. There is little insulation, the windows need to be replaced, the doors need to be replaced, drainage needs to be fixed, there is moisture in the basement, the electrical systems need to be inspected and possibly replaced. This is all written in the documentation.
The secondary buildings on the property are old and in need of replacement.
There is compulsory residence in the area, so you cannot use it as a vacation home.
It’s relatively far away from cities, with Tromsø for example being a 3 hour drive away.
A lot of continentals and central europeans might not realise just how large norway is, in span, and how far away this house is from pretty much everyone. You gotta drive everywhere, and you’re entirely reliant on your car. That’s usually not the case for most of Norway, even the more remote parts.
If you want to go somewhere other than in your immediate vicinity (which you might want to if you wanna go to concerts, visit people, do something fun), you usually have to go on a plane, get a hotel, and spend a lot more than the equivalent southerner doing the same trip. And planes from the north of norway to the south are very expensive. There are very few main hubs; even the larger towns in this area feel relatively isolated compared to the south of norway, and also you get no sun half the year.
The view is nice, but there are nice views all along the west coast, and they don’t need to come at the expense of being so remote. I’m sure it’s nice if you’re into that sort of stuff, but for most of the people in the housing market, this sort of location is not very desirable.
In the middle of bumfuck nowhere
I mean everyone explained why this is an outlier, but in general the prices in UK are ridicously high, compared to most of Europe.
Coastal erosion too
I’ve heard that some of these old houses are insulated with asbestos. Makes the renovation even more expensive.
1. it’s because it’s in the Arctic and too far inland from Lofoten to take advantage of the milder temps. That area’s weather (which I personally know) is much closer to Torneträsk (the coldest region of Sweden just down the E10) than it is to the milder temps of Lofoten.
Those saying it’s in the middle of nowhere don’t know that region. That area from Narvik to the Lyngsalpan to Tromso is very developed. Population density isn’t crazy high, but you’ll not be able to go too far without crossing homes and such.
Having no trees it will be battered by winds constantly. The description says it’s a farming area. Pluses is that it’s not far off from Narvik and Bardu and other places for shopping. Minuses is that there’s nothing around it, though the nature is wonderful. It’s simply a shock for many people who think they can live their vacation lives there and then get bored after a couple months. The structures obviously need work and the property needs to be maintained and likely if you want to do anything with it you’ll have neighbors all up in your shit to prevent it. You’ll also have to farm it which is not a life people want.
In terms of economics, cultural activity and employment opportunities it is in the equivalent of a deprived Welsh Valley. There are localtions in Northern Norway that are considerably more remote, but you are still 1-3 hours away from towns or international airports.
Also, in addition to what people are saying elsewhere on the thread, it is a house from 1938 and very poorly isolated by todays standards.
Its not cheap for what it is.
I wouldnt pay a 1/4 of that
Why do people keep posting teardown houses in the middle of nowhere asking why they are so cheap.
It’s a stones throw from the god damn north pole
It’s old, in the far end of the sticks where it’s cold and dark…
Given everything, I’m kinda surprised it costs as much as it does.
It’s really far north! Killer winter where you can be cut off severely for periods. Really expensive to fly south to get connection flights to Europe. Flights weather dependent, boats weather dependent. Then some one else pointed out its 200 acres that has to be farmed actively by law.
It will cost you probably around 1.000.000NOK (at least) to get it up to modern standards, and you will never get that money back if you sell it.
The pictures was taken on the day they call “Summer”.